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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: rayrohn who wrote (14857)	1/28/2013 10:18:33 PM
From: skinowski	Respond to of 41518

As much as I would have great respect for investors like Soros and Dalio (and would loathe to be on the other side of a Soros or Dalio trade), the sudden outpouring of bullishness (or in Soros' case, an easing of bearishness) is a short-term red flag for traders. Agree. Also, the NAZ sentiment is extremely bullish, while the index is relatively weak. But otoh, there seems to be too many people holding their breath for a "short term" pullback. Gotto watch what the patterns tell us. So far the trends are up. I see a bearish RSI divergence on SPX hourly, but not on the daily.